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TransDigm Group (BSP:T1DG34) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is TransDigm Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TransDigm Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TransDigm Group's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TransDigm Group Cyclically Adjusted Price-to-FCF Chart

TransDigm Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.93 39.25 45.77 34.32 49.56

TransDigm Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.36 53.97 49.56 - -

Competitive Comparison of TransDigm Group's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, TransDigm Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TransDigm Group's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TransDigm Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TransDigm Group's Cyclically Adjusted Price-to-FCF falls into.



TransDigm Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

TransDigm Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TransDigm Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0/131.7762*131.7762
=0.000

Current CPI (Mar. 2024) = 131.7762.

TransDigm Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.095 100.560 0.124
201409 0.151 100.428 0.198
201412 0.169 99.070 0.225
201503 -0.023 99.621 -0.030
201506 0.190 100.684 0.249
201509 0.183 100.392 0.240
201512 0.230 99.792 0.304
201603 0.127 100.470 0.167
201606 0.230 101.688 0.298
201609 0.218 101.861 0.282
201612 0.242 101.863 0.313
201703 0.166 102.862 0.213
201706 0.177 103.349 0.226
201709 0.249 104.136 0.315
201712 0.329 104.011 0.417
201803 0.171 105.290 0.214
201806 0.296 106.317 0.367
201809 0.455 106.507 0.563
201812 0.422 105.998 0.525
201903 0.141 107.251 0.173
201906 0.382 108.070 0.466
201909 0.329 108.329 0.400
201912 0.581 108.420 0.706
202003 0.235 108.902 0.284
202006 0.697 108.767 0.844
202009 0.339 109.815 0.407
202012 0.457 109.897 0.548
202103 0.133 111.754 0.157
202106 0.400 114.631 0.460
202109 0.477 115.734 0.543
202112 0.485 117.630 0.543
202203 0.093 121.301 0.101
202206 0.487 125.017 0.513
202209 0.444 125.227 0.467
202212 0.636 125.222 0.669
202303 0.173 127.348 0.179
202306 0.628 128.729 0.643
202309 0.730 129.860 0.741
202312 0.000 129.419 0.000
202403 0.000 131.776 0.000

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


TransDigm Group  (BSP:T1DG34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


TransDigm Group Cyclically Adjusted Price-to-FCF Related Terms

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TransDigm Group (BSP:T1DG34) Business Description

Traded in Other Exchanges
Address
1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114
TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.

TransDigm Group (BSP:T1DG34) Headlines

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